What Is an SLNE?
The Sociedad Limitada Nueva Empresa (SLNE) is a special type of limited liability company designed to encourage entrepreneurship. It offers a simplified process for new business founders, especially suitable for small startups.
✅ Key Benefits of an SLNE
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⚡ Faster registration through the CIRCE system
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👤 Formed by one to five individual shareholders
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💼 Designed for entrepreneurs with no prior business structure
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🔐 Shareholder liability limited to capital contribution
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📈 Can later convert into a standard SL (Sociedad Limitada)
🧾 SLNE Formation Requirements
👥 Shareholders
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Between 1 and 5 individuals (no legal persons allowed)
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Must be natural persons (not companies or trusts)
💶 Share Capital
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Minimum: €3,012
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Maximum: €120,202
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Capital must be fully paid upon incorporation
📜 Company Name Format
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Must follow this structure: FirstName-LastName-SLNE
(e.g., JuanGomezSLNE) -
Cannot be reused or transferred
🗃️ Registered Office
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Must have a legal address in Spain
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Required for tax and registry purposes
🔢 Tax Identification
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Each founder must obtain an NIE
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Company receives a CIF (Tax ID) from the Spanish Tax Agency
🛠 How to Establish an SLNE in Spain
📋 Step 1: Name Certification
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Reserve the company name at the Central Mercantile Registry
💻 Step 2: Use CIRCE (Centro de Información y Red de Creación de Empresas)
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Allows online processing via the Entrepreneur Support Points (PAE)
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Simplifies communication between notary, tax office, and social security
🖋 Step 3: Draft & Sign the Public Deed
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Articles of association are standardized and signed before a Spanish notary
🏦 Step 4: Deposit Share Capital
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Must be done before signing the deed
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Get a bank certificate confirming the deposit
🧾 Step 5: Tax and Social Security Registration
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Register for VAT (IVA)
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Obtain a social security number if hiring employees
⚖️ Legal & Tax Notes
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📚 Must keep updated accounting books
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💼 Corporate Tax: 25% standard rate
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📅 Annual filings and shareholder meetings required
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🔄 Can be transformed into a traditional SL for scaling operations
👨⚖️ How Borderless Lawyers Supports You
We offer end-to-end legal support for foreign entrepreneurs establishing SLNEs in Spain:
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✅ Guidance on SLNE vs. standard SL
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✅ NIE and CIF registration
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✅ Assistance with CIRCE and PAE
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✅ Coordination with notaries, banks, and registries
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✅ Post-formation legal compliance and tax setup
📌 Multilingual team | 🧩 Tailored business setup | 💼 Confidential and strategic support
💬 Real Example
Case: An Indian entrepreneur wanted to launch a tech micro-startup in Valencia with a local partner. We advised on forming an SLNE for speed and cost efficiency. Using CIRCE, the company was legally operational within 7 working days.
🚀 Start Your New Business in Spain Today
Thinking about launching your first business in Spain? A New Enterprise Limited Company (SLNE) could be your fastest, most efficient entry into the EU market.